NATIONAL INSTITUTE FOR TRIAL ADVOC… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

WENDY MCCORMACK

Phone

3039536800

Tax Period

2024-01-01 to 2024-12-31

NATIONAL INSTITUTE FOR TRIAL ADVOCACY, founded in 1971, is a community nonprofit in the Social Science sector that reported $8.7M in total revenue in fiscal year 2024.

Mission

NITA, A 501(C)(3) CHARITABLE ORGANIZATION, WAS FOUNDED BY A DEDICATED TEAM OF PROFESSORS, JUDGES AND PRACTICING LAWYERS WHO BELIEVE THAT SKILLED AND ETHICAL ADVOCACY IS A CRITICAL COMPONENT OF LEGAL CONTINUED ON SCHEDULE O

Program Service Accomplishments

Program 1

Expenses: $3,523,596 Revenue: $3,975,278

PUBLIC/PUBLIC SERVICE PROGRAMS - AS SET FORTH BY THE MISSION STATEMENT, NITA IS COMMITTED TO PROVIDING ALL LAWYERS ACCESS TO THE HIGHEST QUALITY LEGAL SKILLS TRAINING. TRAINING FOCUSES ON THE...

PUBLIC/PUBLIC SERVICE PROGRAMS - AS SET FORTH BY THE MISSION STATEMENT, NITA IS COMMITTED TO PROVIDING ALL LAWYERS ACCESS TO THE HIGHEST QUALITY LEGAL SKILLS TRAINING. TRAINING FOCUSES ON THE LEARNING-BY-DOING METHODOLOGY, PIONEERED BY NITA. FUNDS AND RESOURCES ARE DEVOTED TO PROGRAMS SPECIFICALLY DESIGNED TO IMPROVE THE SKILLS OF ATTORNEYS WHO REPRESENT UNDERSERVED COMMUNITIES. PUBLIC SERVICE PROGRAMS ARE PROVIDED EITHER FREE OF CHARGE OR AT A SIGNIFICANTLY DISCOUNTED TUITION RATE. MISSION AND NEED-BASED SCHOLARSHIP FUNDING IS ALSO AVAILABLE FOR MOST PUBLIC PROGRAMS.

Program 2

Expenses: $908,752 Revenue: $184,042

PUBLICATIONS - AUTHORED BY SOME OF THE BEST MINDS IN THE LEGAL PROFESSION, NITA'S WIDE VARIETY OF PUBLICATIONS FURTHER THE MISSION OF PROVIDING THE BEST LEGAL TRAINING AVAILABLE. REFERENCE BOOKS...

PUBLICATIONS - AUTHORED BY SOME OF THE BEST MINDS IN THE LEGAL PROFESSION, NITA'S WIDE VARIETY OF PUBLICATIONS FURTHER THE MISSION OF PROVIDING THE BEST LEGAL TRAINING AVAILABLE. REFERENCE BOOKS, TEXTS, CASE FILES, A/V AND OTHER ELECTRONIC MATERIALS MAKE NITA THE PREMIER PUBLISHER OF LEGAL RESOURCES AT LAW SCHOOLS, LIBRARIES AND LAW FIRMS. ANY NET REVENUE OVER EXPENSES GENERATED THROUGH PUBLICATION SALES PROVIDES A UNIQUE OPPORTUNITY TO FUND NITA'S BROADER MISSION BY COVERING ADMINISTRATIVE COSTS FUNDING PUBLIC SERVICE PROGRAMS. IN ADDITION, BOOKS ARE DONATED TO LAWYERS AND ORGANIZATIONS WHICH SERVE UNDER-REPRESENTED SEGMENTS OF OUR POPULATION.

Program 3

Expenses: $1,972,562 Revenue: $3,162,660

CUSTOMIZED PROGRAMS - NITA'S CUSTOMIZED PROGRAMS PROVIDE A FIRM OR ORGANIZATION WITH A LEVEL OF FLEXIBILITY AND CUSTOMIZATION NOT AVAILABLE IN OTHER NITA OFFERINGS. THE LEARNING-BY-DOING METHODOLOGY STILL HOLDS TRUE BUT THE NITA EXPERT FACULTY HAS A CHANCE TO WORK WITH FIRM PARTNERS OR EACH ORGANIZATION'S MANAGEMENT TO ENSURE THE PROGRAM'S CURRICULUM IS CUSTOMIZED TO MEET EACH ORGANIZATION'S UNIQUE PROFESSIONAL DEVELOPMENT INITIATIVES, NOT TO MENTION SCHEDULING DEMANDS. ANY NET REVENUE OVER EXPENSES GENERATED THROUGH CUSTOMIZED PROGRAMS PROVIDES A UNIQUE OPPORTUNITY TO FUND NITA'S BROADER MISSION BY COVERING ADMIN COSTS AND FUNDING PUBLIC SERVICE PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $490,315

Program Service Revenue $7,321,980

Investment Income $101,529

Other Revenue $812,612

TOTAL REVENUE $8,726,436

Expense Breakdown

Grants Paid $750,000

Salaries & Benefits $3,313,853

Fundraising Expenses $0

Program Expenses $6,404,910

Other Expenses $4,916,172

TOTAL EXPENSES $8,980,025

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,726,436	$8,693,106	+0.0%
Expenses	$8,980,025	$8,429,481	+0.1%
Net Income	$-253,589	$263,625	-2.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

580

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$897,225

Total Directors

$108,543

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNIE DEETS	TRUSTEE	1.00	Director	$64,265	$0	$64,265
WHITNEY M UNTIEDT	TRUSTEE	1.00	Director	$20,268	$0	$20,268
ROBERT VAUGHAN	TRUSTEE	1.00	Director	$7,250	$0	$7,250
DAN RABINOVITZ	TRUSTEE	1.00	Director	$7,000	$0	$7,000
MICHAEL H GINSBERG	TRUSTEE	1.00	Director	$4,000	$0	$4,000
BEN R RUBINOWITZ	TRUSTEE	1.00	Director	$3,150	$0	$3,150
ELIZABETH ESPONOSA-KRUPA	TRUSTEE	1.00	Director	$1,305	$0	$1,305
LINWOOD C WRIGHT JR TRUSTEE	CO-CHAIR OF AUDIT & FINANCE COMMITTEE	5.00	Director	$1,305	$0	$1,305
EDWIN JOHN U	CHAIR	1.00	Officer Director	$0	$0	$0
DORIS CHENG	TRUSTEE	1.00	Director	$0	$0	$0
HON LEE EDMON	TRUSTEE	5.00	Director	$0	$0	$0
ROGER FAIRFAX JR	TRUSTEE	1.00	Director	$0	$0	$0
HON GEORGE C HANKS JR	TRUSTEE	1.00	Director	$0	$0	$0
JOSHUA A JOHNSTON TRUSTEE	CO-CHAIR OF AUDIT & FINANCE COMMITTEE	5.00	Director	$0	$0	$0
DANIEL M KOTIN	TRUSTEE	1.00	Director	$0	$0	$0
L JOSEPH LOVELAND	TRUSTEE	1.00	Director	$0	$0	$0
PHIL RESTREPO	TRUSTEE	1.00	Director	$0	$0	$0
HARRY H SCHNEIDER	TRUSTEE	1.00	Director	$0	$0	$0
GERALDINE SUMTER	TRUSTEE	1.00	Director	$0	$0	$0
ANGELA VIGIL	TRUSTEE	1.00	Director	$0	$0	$0
WENDY MCCORMACK	EXECUTIVE DIRECTOR	35.00	Officer	$280,633	$31,546	$312,179
CASSIE FAHRNEY	ASSOCIATE ED, FINANCE	35.00	Officer	$181,338	$24,375	$205,713
JENN SCHNEIDER	ASSOCIATE ED, OPERATIONS	40.00	Officer	$165,795	$48,017	$213,812
RHANI CHOI	EDUCATION DIRECTOR	40.00	Officer	$156,098	$9,423	$165,521
AMY SHAPIRO	DIRECTOR OF SALES/MARKETING	40.00	Highest	$134,431	$47,577	$182,008
CHARLES RUSSELL	ASST. DIRECTOR OF SALES/MARKETING	40.00	Highest	$133,514	$21,234	$154,748
MICHELLE ROGNESS	CLIENT SERVICES DIRECTOR	40.00	Highest	$107,872	$19,960	$127,832
JASON AUGUSTINE	CLIENT RELATIONS MANAGER	40.00	Highest	$104,386	$17,195	$121,581
WILLIAM J HUNT	FORMER TRUSTEE	1.00		$22,875	$0	$22,875

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$8,726,436	$8,980,025	$4,413,203	$-253,589
2023	$8,693,106	$8,429,481	$4,470,085	$263,625
2022	$7,924,749	$7,677,753	$4,159,621	$246,996
2021	$6,232,093	$5,349,284	$4,212,173	$882,809
2020	$4,388,021	$4,466,124	$3,422,129	$-78,103
2019	$8,171,885	$8,015,613	$3,403,297	$156,272
2018	$8,878,037	$7,979,664	$3,483,406	$898,373

NATIONAL INSTITUTE FOR TRIAL ADVOCACY